939 Prospect Ave NE Grand Rapids, MI 49503

Building Details

Year Built

1900

Listing agency United Realty Services LLC c***@rentupm.com Show Phone

Listed by Chris M Good Show Phone

Source Elliman

Added: May 8 Updated: Jul 20 at 8:00PM Checked: Jul 21 at 5:51AM

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Investment Insights

Based on property information with market context.

This up-down duplex offers two separate living units, with a 3-bedroom, 1-bath upper unit and a 2-bedroom, 1-bath main-level unit. Both units are currently vacant, providing flexibility for an investor to set market rent or for an owner-occupant to move in. The property includes several major capital improvements, including a new roof, replacement windows, updated electrical with separate meters and panels, and an updated bathroom in the upper unit. There is no in-unit laundry. Off-street parking is available in the rear with alley access.

The property is located in a Grand Rapids rental corridor and is within walking distance to Belknap Park and Griffs Icehouse. It is also less than a mile from the Medical Mile. Showing access is described as easy, and existing property management can remain in place.

Key Highlights

• Up/down duplex with 2 vacant units: upper unit 3 bed/1 bath and main level 2 bed/1 bath
• Recent rents reported at $1,395 for the upper 3 bed/1 bath and $1,295 for the main 2 bed/1 bath
• Major improvements include a new roof, replacement windows, updated electrical with separate meters and panels

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FAQs

What type of property is this?

Duplex - Two vacant units with updated roof, windows, electrical, and rear off-street parking accessed via an alley.

Where is this duplex located?

The property is located at 939 Prospect Ave NE Grand Rapids, MI.

What is the asking price?

The asking price for this property is $259,900.

What are key features of this property?

This property features: Up/down duplex with 2 vacant units: upper unit 3 bed/1 bath and main level 2 bed/1 bath; Recent rents reported at $1,395 for the upper 3 bed/1 bath and $1,295 for the main 2 bed/1 bath; Major improvements include a new roof, replacement windows, updated electrical with separate meters and panels